Caledonia Min Regulatory News (CMCL)

Caledonia Mining Corporation Plc

Mark Learmonth

Camilla Horsfall

Tel: +44 1534 679 800

Tel: +44 7817 841 793

Cavendish Capital Markets Limited (Nomad and Broker)

Adrian Hadden

Tel: +44 207 397 1965

Camarco, Financial PR (UK)

Elfie Kent

Tel: +44 20 3757 4980

Curate Public Relations (Zimbabwe)

Debra Tatenda

Tel: +263 77802131

IH Securities (Private) Limited (VFEX Sponsor - Zimbabwe)

Lloyd Mlotshwa

Tel: +263 (242) 745 119/33/39

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Mr July Ndlovu

2

Reason for the notification

a)

Position/status

Non-Executive Director and Chairman

b)

Initial notification/ Amendment

Initial notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Caledonia Mining Corporation Plc

b)

LEI

21380093ZBI4BFM75Y51

4

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument

Identification code

Common shares of no par value

JE00BF0XVB15

b)

Nature of the transaction

Purchase of securities

c)

Price(s) and volume(s)

d)

Aggregated information

- Aggregated volume

- Price

N/A

e)

Date of the transaction

May 13, 2026

f)

Place of the transaction

NYSE American LLC